Latest Forum Topics /
YZJ Fin Hldg
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YZJFH - potentially rewarding
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stonkmaster
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01-Nov-2023 18:19
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So how much they paying to delist?
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sgng123
Supreme |
01-Nov-2023 17:40
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The purpose for listing yzjfh basically just serve the role of splitting up yzjfh evenly between yzj investors 1 for 1 split. Remember yzjfh listed through intro mot IPO, hint strongly they not lthere for lthe long run. With removal of sg CEO and CIO, it streamlining management to private company style. Expect when full year 2023 result out by feb next year, we should know if no dividend declared then it privatisation typical china ceo trick. 1.5 yr listed removed Toe but keep him for another 6 mth all to prepare for delist, with 60% controlled by Ren and associate we got no chance. | ||||
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stonkmaster
Veteran |
01-Nov-2023 17:18
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Just delist at 50 cents. I will be happy.
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sgng123
Supreme |
01-Nov-2023 17:12
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From 2022 full year report, Top 4 investors HSBC 24.7% Ren YL 23.4% DBS 9.9% Jr Ren 4% Together top 4 controlled 60% of comoany. Ren YL not largest investors replaced by HSBC 24.7% 2023 full year might see updated top20 The unknown top investor with 24.7% might be hand that drive down yzjfh from listing to current price so it can collect very cheaply. It might be a shell company too for the Ren family. The one shouting and catching thief is the thief lol. The Ren family and associate had full control after almost 1.5 yr of listing. Only left 40% still in retail hand and brokerages. Arpund 1..44b shares free float. Don need a lot of money to delist even offer price at 0.50 | ||||
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BinderyT
Elite |
01-Nov-2023 13:39
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Low liquidity stock bro.   Worse, it' s share price below $1 so it moves half cents at snail' s pace.
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BinderyT
Elite |
01-Nov-2023 13:17
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On TD Ameritrade, you get credited (paid) in cash the amount you short. There is no limit when you need to cover where time is concerned.
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Amateurinvestor
Veteran |
01-Nov-2023 13:01
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After one day of excitement after months this becomes boring again | ||||
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Login20
Master |
01-Nov-2023 12:43
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If not wrong is negative, if never borrow, once you short, you can' t buy back on your own, Poems will buy back later on your behalf, probably T+3 and higher bids. Better check direct with remiser.
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HVRRVH
Elite |
01-Nov-2023 12:14
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I don' t think any new and material information will be disclosed at such platform, if there are, they have to be disclosed via SGXNET. It is more like creating ' awareness' and generate interest in the stock, which would amounting to at most neglectable effect. However, those who present may want to probe a bit on why CEO Vincent is resigning when he took on the post not too long ago. We have been fed motherhood statement that he is pursuing other interest but really? He only gave himself 2 years to be in the job when taking on the job in the first instance? Such ' Investors Meet' platform usually serve no purpose one. The company involved wil of course say politically correct and good things to the maximum of what they are allowed to say. It is through probing by questioning that perhaps we can glean a bit more information out from them. Hopefully those present will ask the relevant questions.  | ||||
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sgng123
Supreme |
01-Nov-2023 11:32
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Later anyone attending it? Can post minutes if possible
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Jack008
Member |
01-Nov-2023 11:10
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Based my understand, if you use POEMS platform, you can do short sell within   your sell limit but need buy back on the same day and don' t need borrow stocks.   |
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sgng123
Supreme |
01-Nov-2023 10:17
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Another shortist found loh
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sgng123
Supreme |
01-Nov-2023 10:15
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See i force out shortist in forum loh.
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BinderyT
Elite |
01-Nov-2023 08:57
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Short selling is a feature of a smooth running exchange. I haven' t come across any major exchange that has banned short selling.   Care to name some?
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SAVIORFOREVER
Supreme |
01-Nov-2023 07:01
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Then you can join T-Bill thread.
Trade with awareness and DYODD
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sgng123
Supreme |
01-Nov-2023 02:04
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Just ban share borrowing then u see trading volume at SGX strink drastically lol. A lot of undervalued stocks seeing revival as margin call for long short hapoen. Shorting should long be banned from all exchange as their trafibg window is ridiculous long compared to contra trading. There a mismatch in trading window creating loophole in stock market, lot of exchanges had already banned shorting exceot SGX and few other who earn revenue through increased fee collection from shorting. |
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ss2017.
Supreme |
31-Oct-2023 22:05
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Why short selling: by gravity falling is faster than rising.
When we look at a normal trading mechanism not option, with Selling either gain or lose immediately, but for buy activity it doesn't link to profit immediately. People find it easy to do sell activities rather than buy and hold, also buy and hold need real cash to get through the deal. The buy and sell playing field is not level so to speak. |
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Nippon72
Veteran |
31-Oct-2023 21:36
Yells: "Dude, is ALWAYS Time in the market than Timing the market! " |
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Shortselling or buying a stock is one' s bet on its future. There is no right or wrong in my humble opinion.  If one shortsells and proven wrong, one pays the penalty and fees come with it. I don' t shortsell cos I don' t understand how it really works and the loss can be " unlimited" whereas if I buy, the utmost I lost my 100% capital.  Ultimately is the stock potential that will determine its water level. For FH while I do not know why its price did not reflect its potential and I felt is artificially suppressed.  As a retail investor, I just nibble some along the way down. I believe given a few more quarters, FH should reflect its potential. Vested. |
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ss2017.
Supreme |
31-Oct-2023 20:59
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In world standards, short selling without committed paying full amount will go against trading principles, however the present team of sgx mgt doesn't find it a problem. So nothing much we can do about it.
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sgng123
Supreme |
31-Oct-2023 20:40
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They never fixed the shorting cos SGX get it revenue from shorting actibities. Wanna catch, catch SGX first lol. | ||||
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